IBM has become a shareholder in we.trade, the trade-finance platform jointly owned by 12 European banks, signaling further consolidation across the enterprise blockchain space. Ciaran McGowan, we.trade’s CEO, said the…

Standard Chartered says it has issued the first blockchain-based international letter of credit (LC) transaction using China‘s national currency, the yuan. The London-based bank said earlier this week the transaction,…

Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to…